FLEXIBILITY AND COMPETITION IN U.S. FOOD MANUFACTURING FIRMS: ARE FIRMS TOO INFLEXIBLE?

Christoph Weiss

No 20596, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We analyse the flexibility decision of firms in a two-stage duopoly game of complete information and test the models implications using panel data of U.S. food industries. We find a positive relationship between flexibility and market power. Flexibility in food manufacturing industries is significantly higher than in all other industries.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 14
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20596

DOI: 10.22004/ag.econ.20596

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